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Over the last couple decades, with smaller catch volumes resulting from decades of overfishing, the Turkish seafood sector pivoted and ramped up investments in aquaculture production.
The China Fisheries and Seafood Expo (CFSE) will be held from October 30th to November 1st, 2024, in Qingdao, Shandong Province. As one of the most influential and the world’s largest seafood industry show in the world, CFSE showcases various aquatic and seafood products for trade and processing.
Spain is one of the world’s largest markets for fish and seafood. In 2023, Spain was the fourth largest importer of fish and seafood in the world after the United States, China, and Japan.
Bulgaria’s fish and seafood imports have grown steadily over the past decade and have nearly doubled. Bulgarian fish and seafood importers are seeking to expand the variety of fish available to consumers, particularly among the mid and high-value categories.
Ukraine’s total imports of fish and seafood rebounded by 28 percent in 2023 after a major war-impacted drop in 2022. The demand for seafood remains strong, although it has shifted from more expensive species to cheaper ones. Strong imports are taking place despite a 20 percent population drop, a major disposable income decline, and new and more expensive trade routes.
China remained the world's largest seafood producer in 2023, with official production estimated at 71 million metric tons (MMT), up 3.5 percent from 2022.
The People's Republic of China (PRC) is one of the largest producers and consumers of seafood in the world. In particular, live seafood products represent a significant market opportunity given the United States advanced cold chain facilities and ability to transport live seafood.
On August 24, the General Administration of Customs of China (GACC) suspended all imports of aquatic products (including edible aquatic animals) from Japan, effective immediately.
Spain is one of the largest markets worldwide for fish and seafood. In 2022, Spain was the fourth largest importer of fish and seafood in the world after the United States, China, and Japan.
Since the Netherlands lifted all COVID-19 related restrictions at the end of February 2022 and most people returned to the workplace, new opportunities continue to emerge for U.S. agricultural products. Consumers are especially interested in healthier, more convenient, nutritious, and high-quality products.
China remained the world's largest seafood producer in 2022, with production expected to reach 67.5 million metric tons (MMT), up from the 66.9 MMT in 2021. Production growth continues to be driven by aquaculture which is expected to increase 1.2 percent year-on-year to reach 54.6 MMT in 2022.
Bulgarian fish and seafood importers are seeking to expand the variety of locally available fish, particularly among the mid and high-value categories. According to the Bulgarian National Statistical Institute (NSI), which measures trade data based on country of origin, and therefore captures U.S. trade routed through other European ports of entry, Bulgaria imported $166,000 of U.S. fish and seafood in 2021, up 29 percent from the difficult 2020, but significantly lower than the pre-COVID levels of $554,656 in 2019.